Thorstein Veblen wrote extensively
A) on the rise of regulator commissions at the turn of the century.
B) about the misconduct of the railroad magnates and their rise to economic power.
C) on the institutional and cultural transformations of the late nineteenth century.
D) about the problems encountered by neoclassical theory in describing the late 1880's and the early 1900's economy.
E) none of the above.
Correct Answer:
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Q26: Explain the concept of conspicuous consumption and
Q27: The intent of the National Industrial Recovery
Q28: Thorstein Veblen was not critical of
A) the
Q29: Veblen believed that
A) business thwarts the development
Q30: The late 1800's witnessed structural transformations in
Q32: In Veblen's economic writings he associated the
Q33: The conflict between the traits of workmanship
Q34: According to Veblen the class divided societies
Q35: The use of the term "sabotage" by
Q36: The institutionalized legitimate force which kept intact
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